B of A Looks To Take Lehman Archstone Agent Slot

06 Oct 2008

Bank of America is prepared to step into the role of administrative agent for Lehman Commercial Paper Inc.’s portion of Archstone’s debt.

Bank of America is prepared to step into the role of administrative agent for Lehman Commercial Paper Inc.’s portion of Archstone’s debt. But it is unclear why. Indeed, James Seery, ex-global head of loans at Lehman Brothers, told a bankruptcy hearing for LCPI, “There isn’t anybody that is ...

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